Unless austerity is reversed, people in developing countries will lose social protections and public services just when they are most needed. And it doesn't have to be this way.
,” and a lack of effective taxation and debt-reduction initiatives threaten to exacerbate the macroeconomic instability and daily hardships that billions of people are facing. Unless policymakers change course, an “austerity pandemic” will make global economic recovery even more difficult., the looming wave of austerity will be even more premature and severe than the one that followed the 2008 global financial crisis.
The austerity measures that governments are considering or already implementing will be deeply harmful to their populations, and especially to women.
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